• 194+/- Acres Real Estate & Personal Property Auction • Large Building with Living Quarters • 95+/- Tillable Acres • 90+/- Wooded Acres • Productive Soils • Great Hunting & Recreation Land
194+/- Acres Real Estate & Personal Property Auction
Allegan, Michigan
Owner: AWC Holding Inc. Equipment & Personal Property at 10:00 AM EASTERNReal Estate Wed, Nov 6, 2013 EASTERN
AUCTION IS OVER
TOTAL SOLD: $701,000
| Tract(s): 1 | @ $284,000 | ($4,438/acre) |
| Tract(s): 2 | @ $253,000 | ($3,373/acre) |
| Tract(s): 3 | @ $96,000 | ($2,182/acre) |
| Tract(s): 4 | @ $68,000 | ($6,182/acre) |
OPEN HOUSE/INSPECTION DATES
Wednesday, October 23 from 3:30-5PM
Monday, November 4 from 1-3PM
Meet a Schrader Representative at Tract 1
PROPERTY LOCATION
3575 Dumont Road, Allegan, MI 49010
Northwest of Allegan on M 40 M 89 approx. 5 mile to 124th Ave. Dumont Road (where M 89 goes west) go east 2.5 mile to site.
AUCTION LOCATION
3037 118th Ave. Allegan, MI 49010
North of Allegan 1 mile on A 37 to 118th Ave. go west 400 ft., From Property go Southeast on Dumont Rd. 3 mile to 118th Ave. go east 900 ft.
TRACT DESCRIPTIONS
Tract 1:
64± ac
Approximately 1720 ft. frontage on Dumont Road. 8000 plus sq. ft. building with living quarters, 2 baths, kitchen and 5 rooms, 2 overhead doors. Approximately 41+/- acres tillable, 31.42 FSA acres at present time, approximately 15 acres open balance wooded.
Tract 2:
75± ac
Approximately 1000 ft. frontage on Dumont Road. Approximately 43.4 FSA tillable acres, balance wooded.
Tract 3:
44± ac
66 ft. frontage on 35th Street, all wooded, great hunting and recreation land.
Tract 4: 11± ac Approximately 700 ft. frontage on Dumont Road. 7.43 FSA tillable acres, balance wooded.
EQUIPMENT & PERSONAL PROPERTY
EQUIPMENT
RECREATIONS AND GROUNDS CARE
SHOP AND HOUSEHOLD
AREA MAP
TRACT MAP(S)
SOIL INFORMATION
AREA MAP(S)
Procedure: The property will be offered in 4 individual tracts and as a total 194+/- acres.
Down Payment: Ten percent (10%) down payment on the day of auction with the balance in cash at closing. The down payment may be made in the form of cash, cashiers check, personal check, or corporate check. Your bidding is not conditional upon financing, so be sure you have arranged financing, if needed, and are capable of paying cash at closing.
Acceptance of Bid Prices: All successful bidders will be required to enter into purchase agreements at the auction site immediately following the close of the auction. All final bid prices are subject to the Sellers acceptance or rejection.
Evidence of Title: Seller shall provide an owners title insurance policy in the amount of the purchase price.
Closing: The balance of the purchase price is due at closing, which shall take place within 15 days of presentation of insurable title. Costs for an insured closing shall be shared 50:50 between Buyer(s) and Seller.
Possession: Possession of land at closing, with tenants rights to 2013 and 2014 crops.
Real Estate Taxes: Seller shall assume 2013 taxes.
Approvals: Sale and closing shall be contingent upon approval by Allegan Township and the proposed land division and compliance with Public Act 591, as to all parcels sold. All real estate is being sold subject to any existing easements and right-of-ways of record and without grants of further division rights under Public Act 591.
Acreage: All tract acreages, dimensions, and proposed boundaries are approximate and have been estimated based on current legal descriptions and/or aerial photos.
Survey: A new survey will be made where there is no existing legal description or where new boundaries are created by the tract divisions in this auction. Buyer(s) and Seller will share the survey expense 50:50.
Agency: Schrader Real Estate & Auction Company, Inc. and its representatives are exclusive agents of the Seller.
Disclaimer & absence of Warranties: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the Purchase Agreement. The property is being sold on an AS IS, WHERE IS basis, and no warranty or representation, either expressed or implied, concerning the property is made by the Seller or the Auction Company. All sketches and dimensions in the brochure are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. The Seller and Selling Agents reserve the right to preclude any person from bidding, if there is any questions as to the persons credentials, fitness, etc. All decisions of the Auctioneer are final.
Any announcements made the day of the sale take precedence over printed material or any other oral statements made.
PERSONAL PROPERTY TERMS:
Cash or good check w/ photo ID. All items sols AS IS. Not responsible for accidents. Announcements made day of sale take precedence over printed material or any other oral statements made
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